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Cameroon 2021 Article Iv Consultation And First Reviews Under The Extended Credit Facility And The Extended Fund Facility Arrangements And Requests For Waivers For Performance Criteria Applicability And Nonobservance And Modification Of Performance Criterion Press Release Staff Report And Statement By The Executive Director For Cameroon
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Book Synopsis Cameroon: 2021 Article IV Consultation and First Reviews Under the Extended Credit Facility and the Extended Fund Facility Arrangements and Requests for Waivers for Performance Criteria Applicability and Nonobservance and Modification Of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Cameroon by : International Monetary
Download or read book Cameroon: 2021 Article IV Consultation and First Reviews Under the Extended Credit Facility and the Extended Fund Facility Arrangements and Requests for Waivers for Performance Criteria Applicability and Nonobservance and Modification Of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Cameroon written by International Monetary and published by International Monetary Fund. This book was released on 2022-09-23 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), continues to face the repercussions of the COVID-19 pandemic. In July 2021, the IMF’s Executive Board approved three-year arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) for SDR 483 million (about US$ 689.5 million, or 175 percent of Cameroon’s quota) to support the country’s economic and financial reform program. This followed two disbursements in 2020 under the Rapid Credit Facility (RCF) totaling SDR 276 million, equivalent to about US$382 million or 100 percent of Cameroon’s quota.
Book Synopsis Cameroon: 2021 Article IV Consultation and First Reviews Under the Extended Credit Facility and the Extended Fund Facility Arrangements and Requests for Waivers for Performance Criteria Applicability and Nonobservance and Modification Of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Cameroon by : International Monetary
Download or read book Cameroon: 2021 Article IV Consultation and First Reviews Under the Extended Credit Facility and the Extended Fund Facility Arrangements and Requests for Waivers for Performance Criteria Applicability and Nonobservance and Modification Of Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Cameroon written by International Monetary and published by International Monetary Fund. This book was released on 2022-03-11 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), continues to face the repercussions of the COVID-19 pandemic. In July 2021, the IMF’s Executive Board approved three-year arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) for SDR 483 million (about US$ 689.5 million, or 175 percent of Cameroon’s quota) to support the country’s economic and financial reform program. This followed two disbursements in 2020 under the Rapid Credit Facility (RCF) totaling SDR 276 million, equivalent to about US$382 million or 100 percent of Cameroon’s quota.
Author :The International Institute for Strategic Studies (IISS) Publisher :Taylor & Francis ISBN 13 :1000861600 Total Pages :549 pages Book Rating :4.0/5 (8 download)
Book Synopsis Armed Conflict Survey 2022 by : The International Institute for Strategic Studies (IISS)
Download or read book Armed Conflict Survey 2022 written by The International Institute for Strategic Studies (IISS) and published by Taylor & Francis. This book was released on 2022-11-18 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Armed Conflict Survey 2022 provides an exhaustive review of the political, military and humanitarian dimensions of 33 active armed conflicts globally in the period from 1 March 2021 to 30 April 2022. The review is complemented by a strategic analysis of national, regional and global drivers and conflict outlooks, providing unique insights into the geopolitical and geo-economic threads linking conflicts across the world, as well as into emerging flashpoints and political risks. This edition includes a special feature on climate security given the increasingly urgent need to understand the complex interlinkages between climate change, climate vulnerability and conflict amid accelerating global warming. Reflecting the growing importance of geopolitical factors in the current global conflict landscape, The Armed Conflict Survey 2022 features the IISS Armed Conflict Global Relevance Indicator, which compares the global relevance of armed conflicts in terms of their geopolitical impact, as well as their human impact and intensity. This edition also includes maps, infographics and key statistics, as well as the accompanying Chart of Armed Conflict.
Book Synopsis The Gambia by : International Monetary Fund. African Dept.
Download or read book The Gambia written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2021-01-28 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF Executive Board approved, on March 23, 2020, a 39-month Extended Credit Facility (ECF) arrangement in the amount of SDR 35 million (56.3 percent of quota) for The Gambia. The Gambia benefited from a Rapid Credit Facility (RCF) disbursement of SDR 15.55 million (25 percent of quota) approved on April 15, 2020 and is receiving debt service relief under the Catastrophe Containment and Relief Trust (CCRT) expected to total SDR 7.9 million (SDR 4.2 million of which has already been approved), to help meet heightened balance-of-payments and fiscal financing needs due to the impact of the COVID-19 pandemic. While indicators point to a domestic weakening of the pandemic, the authorities are seeking an ECF augmentation of SDR 20 million (32.15 percent of quota) to meet balance-of-payments needs arising from fiscal measures to stimulate the economic recovery in 2021, strengthen public health preparedness, increase social spending to mitigate the effects of the pandemic. They are also requesting a waiver of nonobservance of a continuous performance criterion (a zero ceiling) on new external payment arrears of the central government.
Book Synopsis Collateralized Transactions by : International Monetary Fund
Download or read book Collateralized Transactions written by International Monetary Fund and published by International Monetary Fund. This book was released on 2020-02-19 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a response to a request from the G20 IFA Working Group, this note provides a framework for public lenders and borrowers to assess collateralized financing practices from a development perspective. The work of the IMF and World Bank suggests that the availability of collateralized financing can be beneficial to a developing country borrower under a range of circumstances, but also points to pitfalls.
Book Synopsis A Review of the Role and Impact of Export Processing Zones by : Dorsati Madani
Download or read book A Review of the Role and Impact of Export Processing Zones written by Dorsati Madani and published by World Bank Publications. This book was released on 2003 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: As instruments for encouraging economic development, export processing zones have only limited usefulness. A better policy choice is general liberalization of a country's economy.
Book Synopsis Enron and World Finance by : P. Dembinski
Download or read book Enron and World Finance written by P. Dembinski and published by Springer. This book was released on 2005-12-16 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four years after the debacle, the term 'Enron' has earned its place in the everyday vocabulary of business ethics. Hardly anyone understands the business intricacies of what really happened with the sophisticated energy conglomerate. Even fewer are those able to envision, beyond the business case, the ethical questions and dilemmas facing actors at any one stage of the drama. Using the collapse of Enron as a case study, this book not only shows how and where ethics came into play, but also draws lessons and discusses possible remedies that may prevent the whole financial system from falling apart as a result of either excessive greed or over-regulation.
Book Synopsis The Political Economy of Energy Subsidy Reform by : Gabriela Inchauste
Download or read book The Political Economy of Energy Subsidy Reform written by Gabriela Inchauste and published by World Bank Publications. This book was released on 2017-03-22 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a simple framework for understanding the political economy of subsidy reform and applies it to four in-depth country studies covering more than 30 distinct episodes of reform. Five key lessons emerge. First, energy subsidies often follow a life cycle, beginning as a way to stabilize prices and reduce exposure to price volatility for low-income consumers. However, as they grow in size and political power, they become entrenched. Second, subsidy reform strategies vary because the underlying political economy problems vary. When benefits are concentrated, satisfying (or isolating) interest groups with alternative policies is an important condition for effective reform. When benefits are diffuse, it can be much harder to identify and manage the political coalition needed for reform. Third, governments vary in their administrative and political capacities to implement difficult energy subsidy reforms. Fourth, improvements in social protection systems are often critical to the success of reforms because they make it possible to target assistance to those most in need. Finally, the most interesting cases involve governments that take a strategic approach to the challenges of political economy. In these settings, fixing energy subsidies is central to the governments’ missions of retaining political power and reorganizing how the government delivers benefits to the population. These cases are examples of “reform engineering,†? where governments actively seek to create the capacity to implement alternative policies, depoliticize tariffs, and build credibility around alternative policies. The most successful reforms involve active efforts by policy leaders to identify the political forces supporting energy subsidies and redirect or inoculate them.
Book Synopsis FIDIC - A Guide for Practitioners by : Axel-Volkmar Jaeger
Download or read book FIDIC - A Guide for Practitioners written by Axel-Volkmar Jaeger and published by Springer Science & Business Media. This book was released on 2009-11-11 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1999, a suite of three new conditions of contract was published by FIDIC, following the basic structure and wording harmonised and updated around the previous FIDIC Design-Build and Turnkey Contract (the 1992 ‘‘Orange Book’’). These conditions, known as the ‘‘FIDIC rainbow, were the Conditions of C- tract for: l Construction, the so-called Red Book, for works designed by the Employer l Plant and Design-Build, the so-called Yellow Book, for works designed by the Contractor l EPC/Turnkey Projects, the so-called Silver Book, for works designed by the Contractor The ?rst is intended for construction works where the Employer is responsible for the design, as for per the previous so-called Red Book 4th Edition (1987), with an important role for the Engineer. The other two conditions of contract are intended for situations when the Contractor is responsible for the design. The Plant and Design-Build Contract has the traditional Engineer while the EPC/Turnkey Contract has a two-party arran- ment, generally with an Employer’s Representative as one of the parties.
Book Synopsis Sierra Leone by : International Monetary Fund. African Dept.
Download or read book Sierra Leone written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2018-12-18 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sierra Leone is a fragile state. Since emerging from a decade-long civil war in 2001, the country has made notable economic progress but has also suffered occasional setbacks, such as the Ebola Virus Disease epidemic of 2014. A three-year ECF arrangement was approved June 2017 to help address Sierra Leone’s macroeconomic weaknesses—in particular, low revenue, elevated inflation, high public debt, and inadequate foreign exchange reserve buffers—which had been exacerbated by the Ebola crisis and a collapse in iron ore prices (Country Report No. 17/154). However, the program went off track shortly after approval as lackluster revenue performance and expenditure overruns led to a budget cash shortfall and a growing stock of budget arrears. With the authorities unable to take corrective actions ahead of the March 2018 presidential elections the first review of the program was put on hold. Since then elections have produced a new government, marking the first change of power in ten years. This government has taken a number of corrective actions over the last six months with the aim of reviving the program engagement with the IMF.
Book Synopsis A Manual on Government Finance Statistics by : International Monetary Fund
Download or read book A Manual on Government Finance Statistics written by International Monetary Fund and published by . This book was released on 1986 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Manual deals with concepts, definitions, and procedures for the compilation of statistics on government finance. It is intended as a reference tool for those who are called upon to prepare or evaluate such statistics. Focusing on financial transactions such as taxing, borrowing, spending, and lending, the Manual emphasizes the summarization and organization of statistics appropriate for analysis, planning, and policy determination.
Book Synopsis Overcoming COVID-19 in Bhutan by : Asian Development Bank
Download or read book Overcoming COVID-19 in Bhutan written by Asian Development Bank and published by Asian Development Bank. This book was released on 2022-01-01 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bhutan has carried out early and decisive measures to contain the spread of the coronavirus disease (COVID-19), including restrictions on tourists since March 2020. This approach, though effective, severely affected the economy, bringing the tourism and aviation sectors to a virtual standstill. Given Bhutan's limited resources and capacity to cope with a full-blown outbreak, such a trade-off was inevitable. This policy brief assesses the Government of Bhutan's financial relief measures extended to the most affected people, as well as investment programs and other interventions, with a special focus on the tourism sector.
Book Synopsis Digital Technologies for Climate Action, Disaster Resilience, and Environmental Sustainability by : Asian Development Bank
Download or read book Digital Technologies for Climate Action, Disaster Resilience, and Environmental Sustainability written by Asian Development Bank and published by Asian Development Bank. This book was released on 2021-10-01 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging and new digital technologies have the potential to help countries tackle climate change, build climate and disaster resilience, and enhance environmental sustainability. This publication aims to inform and influence the strategic deployment of digital technologies in developing Asia. It provides an overview of the available technology types and their applications and assesses opportunities and barriers for their uptake. The publication provides insights on how digital technologies can be operationalized in the Asian Development Bank’s developing member countries, including to support nationally determined contributions and green recovery efforts.
Book Synopsis Chad by : International Monetary Fund. African Dept.
Download or read book Chad written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-09-09 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the effect of an IMF Staff-Monitored Program for Chad to enhance economic development. Weak institutional capacity and governance concerns have limited economic development and donor support in Chad. It is highlighted that the reduction in the nonoil primary deficit envisaged in the 2013 budget appears appropriate, but expenditures linked to the regional security situation and lower than anticipated oil revenues imply large financing needs. There are significant economic and political risks to program implementation,; the regional security situation remains volatile, and the economy is highly dependent on volatile oil revenue.
